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Global PET Packaging Market Report and Forecast 2023-2028

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    Report

  • 186 Pages
  • October 2023
  • Region: Global
  • Expert Market Research
  • ID: 5901157
According to this report, the global PET packaging market reached a value of approximately USD 67.84 billion in 2022. Aided by the increasing demand for sustainable packaging solutions and the growing applications of PET packaging in various sectors, the market is projected to further grow at a CAGR of 4.5% between 2023 and 2028 to reach a value of USD 88.35 billion by 2028.

Polyethylene Terephthalate (PET) is a type of plastic resin widely used in packaging due to its lightweight, high strength, and easy-to-shape properties. PET packaging plays a significant role in the food and beverage, pharmaceutical, and personal care industries, with common use in water bottles, food containers, pharmaceutical packaging, and cosmetic products, aiding the PET packaging market growth. Beyond its functionality, PET packaging offers excellent barrier properties against moisture and oxygen, making it a valuable resource in preserving product quality.

The increasing consumer preference for sustainable packaging solutions is driving the global PET packaging market growth. With the growing awareness of environmental issues associated with plastic pollution, there has been a significant shift towards sustainable and recyclable packaging options, leading to a surge in demand for PET-based packaging. Additionally, the expanding e-commerce sector, coupled with the rising need for durable and lightweight packaging, has further contributed to the increasing popularity of PET packaging.

The diverse applications of PET packaging in various industries also play a significant role in propelling the PET packaging market development. In the food and beverage industry, PET packaging is favoured for its exceptional clarity, product visibility, and resilience, making it ideal for packaging beverages, ready meals, and confectionery. The pharmaceutical industry utilises PET packaging for its superior barrier properties, providing extended shelf life for medicines and healthcare products. Furthermore, in the cosmetics industry, PET's versatility and aesthetics make it a popular choice for packaging solutions, from beauty products to personal care items, thus increasing the PET packaging market demand.

Moreover, the growing focus on circular economy principles in the packaging industry has led to increased emphasis on PET packaging, known for its high recyclability. With the rise of regulations encouraging recycling and the increasing consumer preference for eco-friendly products, PET packaging has emerged as a sustainable solution, thereby fuelling the PET packaging market expansion.

Market Segmentation

The market can be divided based on form, packaging, filling technology, end user, and region.

Market Breakup by Form

  • Amorphous PET
  • Crystalline PET

Market Breakup by Packaging

  • Bottles and Jars
  • Bags and Pouches
  • Trays
  • Lids/Caps and Closures
  • Others

Market Breakup by Filling Technology

  • Hot Fill
  • Cold Fill
  • Aseptic Fill
  • Others

Market Breakup by End User

  • Beverages Industry
  • Bottled Water
  • Carbonated Soft Drinks
  • Milk and Dairy Products
  • Juices
  • Beer
  • Others
  • Household Goods Sector
  • Food Industry
  • Pharmaceutical Industry
  • Others

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Competitive Landscape

This report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global PET packaging companies. Some of the major key players explored in this report are as follows:
  • Amcor Plc
  • Berry Global Inc.
  • Graham Packaging Company
  • RPC Group
  • Resilux NV
  • Plastipak Packaging, Inc.
  • Others

About the Analyst

Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.

The high-quality, data-driven analyses provide the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in this market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.

Don't miss the opportunity to elevate your business intelligence and fortify your strategic planning. Secure your organisation's future success by acquiring one of these reports today.

The analyst always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.

Table of Contents

1 Preface2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global PET Packaging Market Analysis
8.1 Key Industry Highlights
8.2 Global PET Packaging Historical Market (2018-2022)
8.3 Global PET Packaging Market Forecast (2023-2028)
8.4 Global PET Packaging Market by Form
8.4.1 Amorphous PET
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Crystalline PET
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.5 Global PET Packaging Market by Packaging
8.5.1 Bottles and Jars
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Bags and Pouches
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Trays
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Lids/Caps and Closures
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.5.5 Others
8.6 Global PET Packaging Market by Filling Technology
8.6.1 Hot Fill
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Cold Fill
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Aseptic Fill
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Others
8.7 Global PET Packaging Market by End-User
8.7.1 Beverages Industry
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.1.4 Market by Type
8.7.1.4.1 Bottled Water
8.7.1.4.2 Carbonated Soft Drinks
8.7.1.4.3 Milk and Dairy Products
8.7.1.4.4 Juices
8.7.1.4.5 Beer
8.7.1.4.6 Others
8.7.2 Household Goods Sector
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.7.3 Food Industry
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2022)
8.7.3.3 Forecast Trend (2023-2028)
8.7.4 Pharmaceutical Industry
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2022)
8.7.4.3 Forecast Trend (2023-2028)
8.7.5 Others
8.8 Global PET Packaging Market by Region
8.8.1 North America
8.8.1.1 Market Share
8.8.1.2 Historical Trend (2018-2022)
8.8.1.3 Forecast Trend (2023-2028)
8.8.2 Europe
8.8.2.1 Market Share
8.8.2.2 Historical Trend (2018-2022)
8.8.2.3 Forecast Trend (2023-2028)
8.8.3 Asia Pacific
8.8.3.1 Market Share
8.8.3.2 Historical Trend (2018-2022)
8.8.3.3 Forecast Trend (2023-2028)
8.8.4 Latin America
8.8.4.1 Market Share
8.8.4.2 Historical Trend (2018-2022)
8.8.4.3 Forecast Trend (2023-2028)
8.8.5 Middle East and Africa
8.8.5.1 Market Share
8.8.5.2 Historical Trend (2018-2022)
8.8.5.3 Forecast Trend (2023-2028)
9 North America PET Packaging Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe PET Packaging Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific PET Packaging Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America PET Packaging Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa PET Packaging Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis16 Price Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Amcor Plc
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Berry Global Inc.
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Graham Packaging Company
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 RPC Group
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Resilux NV
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 Plastipak Packaging, Inc.
17.2.6.1 Company Overview
17.2.6.2 Product Portfolio
17.2.6.3 Demographic Reach and Achievements
17.2.6.4 Certifications
17.2.7 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global PET Packaging Market: Key Industry Highlights, 2018 and 2032
2. Global PET Packaging Historical Market: Breakup by Form (USD Billion), 2018-2022
3. Global PET Packaging Market Forecast: Breakup by Form (USD Billion), 2023-2028
4. Global PET Packaging Historical Market: Breakup by Packaging (USD Billion), 2018-2022
5. Global PET Packaging Market Forecast: Breakup by Packaging (USD Billion), 2023-2028
6. Global PET Packaging Historical Market: Breakup by Filling Technology (USD Billion), 2018-2022
7. Global PET Packaging Market Forecast: Breakup by Filling Technology (USD Billion), 2023-2028
8. Global PET Packaging Historical Market: Breakup by End User (USD Billion), 2018-2022
9. Global PET Packaging Market Forecast: Breakup by End User (USD Billion), 2023-2028
10. Global PET Packaging Historical Market: Breakup by Region (USD Billion), 2018-2022
11. Global PET Packaging Market Forecast: Breakup by Region (USD Billion), 2023-2028
12. North America PET Packaging Historical Market: Breakup by Country (USD Billion), 2018-2022
13. North America PET Packaging Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Europe PET Packaging Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Europe PET Packaging Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Asia Pacific PET Packaging Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Asia Pacific PET Packaging Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. Latin America PET Packaging Historical Market: Breakup by Country (USD Billion), 2018-2022
19. Latin America PET Packaging Market Forecast: Breakup by Country (USD Billion), 2023-2028
20. Middle East and Africa PET Packaging Historical Market: Breakup by Country (USD Billion), 2018-2022
21. Middle East and Africa PET Packaging Market Forecast: Breakup by Country (USD Billion), 2023-2028
22. Global PET Packaging Market Structure

Companies Mentioned

  • Amcor Plc
  • Berry Global Inc.
  • Graham Packaging Company
  • RPC Group
  • Resilux NV
  • Plastipak Packaging Inc.

Methodology

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Table Information